Drilling & production

The chemical company has announced sales from continuing operations grew by 4% in local currency in 1H19.

Ryan Duman, Senior Analyst at Wood Mackenzie, highlighted the growing expense of water management in the basin and the issue of handling wastewater produced by completed wells.

The Helios Quasar solution is designed to provide more meaningful seismic and microseismic data.

The contract is for the West Polaris drillship in Southern Asia.

In May and July, Apache closed the sale of noncore assets in two separate transactions, which included assets in the Western Anadarko Basin and the SCOOP/STACK play.

The company is to sell a a 2% proportionately reduced overriding royalty interest in 350 000 net surface acres in southwest Appalachia, US.

Olivier Le Peuch succeeds Paal Kibsgaard, who will retire as CEO effective 1 August 2019.

The plant to be installed on the Gudrun field in the North Sea is expected to extend field life by three years compared to the original plan.

When Trestakk comes onstream it will produce approximately 22 000 bpd, with peak production expected to be approximately 44 000 bpd.

The company's local entity, Sparrows Saudi Arabia, will deliver drilling and lifting equipment examination and overhaul, specialist inspection, Dropped Objects Prevention Scheme (DROPS) surveys, mechanical handling and engineering support to Saudi Aramco.

Block Energy is implementing a fully-funded back-to-back drilling programme designed to ramp up oil production at West Rustavi, Georgia, and test its historic gas discoveries.

Lincoln Crestal is the second in a three-well programme on Hurricane's Lincoln and Warwick assets offshore the Shetland Islands, UK.

During pressure testing a small leak was identified on the shallower D9000 completion string, which has now been resolved through a remedial tubing patch.

The contracts will see KCA Deutag provide eight high performance land rigs to clients in eastern Siberia, northern Russia and southern Russia.

More than 90 companies and institutions were invited to bid on the packages, and 16 Saudi and international companies were chosen in the fields of engineering, supply and construction.